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On June 10, the Michigan-base d automotive supplier (OTC: DPHIQ) alerted Ohio officials to the pendint December closure of its facilituy northof Dayton. The facility engineers air bags, seat belta and steering wheels. A company spokesperson said Delphi has a very extensiver safetyproduct list, but the product line engineered in Vandali a is not competitive on a global The company said it will begin cuttinf workers in August. Vandaliz city officials were not immediately availablefor comment.
Delphi had 10,00 0 local employees in 2002, according to Daytonh BusinessJournal research, but has slashing jobs and abandoning facilitiews across the Dayton Delphi has about 800 jobs remainm in the Dayton region. It was formerd in 1999 when (NYSE: GM) spun off its parts manufacturinvg division. Although it is GM’s largest supplier, Delphi filed for Chaptef 11 bankruptcy protection inOctober 2005.
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